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HomeCryptoBlockchainBillions.Network Launches Privacy-Focused Digital ID to Rival Sam Altman's Worldcoin

Billions.Network Launches Privacy-Focused Digital ID to Rival Sam Altman’s Worldcoin

Billions.Community has launched a digital id verification platform designed to supply a non-biometric and privacy-focused different to present verification methods, together with Sam Altman’s crypto venture, World.

The platform, which makes use of zero-knowledge proof tech, seeks to supply a scalable and safe methodology for verifying each human and AI identities.

The corporate stated greater than 9,000 tasks, together with TikTok, High Medical doctors, and World—beforehand Worldcoin—have carried out its underlying verification framework, Circom.

Monetary establishments equivalent to Deutsche Financial institution and HSBC have additionally examined the system in proof-of-concept trials, the corporate informed Decrypt.

The launch comes amid rising regulatory scrutiny of digital id methods and growing considerations over AI-driven fraud, together with deepfakes, Sybil assaults, and bot exercise.

Billions.Community’s verification mannequin permits customers to substantiate their id with out storing biometric knowledge, addressing privateness considerations related to different methods.

“Billions is making a world the place every human will be uniquely recognized and unlock personalised advantages within the age of AI with verification options which are universally accessible and scalable,” Evin McMullen, CEO and co-founder of Billions.Community stated.

Not like some biometric-based verification fashions, the platform doesn’t require proprietary {hardware} and presents token-based incentives for customers.

The corporate stated it’s working with the Indian authorities to combine its system with Aadhaar, the nation’s nationwide id framework.

Billions.Community was developed by the workforce behind Privado ID, a agency specializing in institutional verification options.

The venture originated as PolygonID, a digital id system constructed on the Polygon blockchain, earlier than increasing right into a broader verification community.

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